15089 398th AveBellevueIA52031
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $2,261/mo, and a $4,405/mo payment. Purchase price stands at $900,000, and rental yield measures 3.01% with $2,261/mo rent. Return on cash invested shows 5.54% in year one, and 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 26.13% and total cumulative return in cash records $77,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,261/mo property income covering a $4,405/mo payment rather than investor’s personal income.
Single Family
Built in 1989
2.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52031, Bellevue, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,451 (100%) |
| Owner Occupied HU | 1,784 (72.8%) |
| Renter Occupied HU | 376 (15.3%) |
| Vacant Housing Units | 291 (11.9%) |
| Median Home Value | $258,844 |
| Average Home Value | $324,631 |
Housing Distribution
Address Breakdown
Residential
2,192
Single Family
2,148
Multi-Family
44
Businesses
139
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Listed by: Madeline Evans • Exchange Brokers
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152668
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.